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CU Business Group Aids Maturing Business Lending Programs

PORTLAND, Ore. -- Even as CU Business Group LLC added 19 new credit unions to its client roster in June, the CUSO said it continues to service those business lending programs that are entering their third, fourth and fifth year of operation.

By Michelle A. Samaad | Updated on August 05, 2008

PORTLAND, Ore. — Even as CU Business Group LLC added 19 new credit unions to its client roster in June, the CUSO said it continues to service those business lending programs that are entering their third, fourth and fifth year of operation.

CUBG provides business lending, deposit and consulting services to 277 credit unions in 34 states. In June, it reviewed more than 215 business loan packages and in May, the CUSO signed on 13 new credit unions and reached a landmark of more than $1 billion in loan packages reviewed, CUBG said.

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